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Public Investment Corporation
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  • HOMECurrently selected
  • WHO WE ARE
    • About Us
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      • Board of Directors
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      • Isibaya
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  • INVESTMENT PHILOSOPHY AND APPROACH
    • Investment Philosophy
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      • Economic Research
      • Sectoral Research
  • APPLY FOR FUNDING
    • Isibaya
    • Project Development Partnership Fund
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  • COMPLAINTS

Bursaries

  • HOMECurrently selected
  • WHO WE ARE
    • About Us
    • Corporate Profile
    • Vision, Mission and Values
    • Code of Ethics
    • Our Leadership
    • Our Clients
  • OUR BUSINESS
    • Listed Investments
    • Unlisted Investments
  • INVESTMENT PHILOSOPHY AND APPROACH
    • Investment Philosophy
    • Investment Process
    • Risk and Compliance
    • Environmental, Social & Governance
    • Research & Insights
  • APPLY FOR FUNDING
    • Isibaya
    • Project Development Partnership Fund
    • Properties
  • COMPLAINTS
Page Content
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Bursaries

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[column 12 layout="default" class="text" padding-bottom="15px"]The Public Investment Corporation SOC Ltd (PIC) is passionate about contributing to the community in which it operates. Improving the lives of people across the board is at the heart of the PIC’s value system. The PIC has a bursary programme that identifies previously disadvantaged learners from designated groups with academic potential who want to study. Candidates that show an innovative business potential that can prove they need financial support will be considered for these bursaries. [/column] 
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PIC Bursary Application 2023:
Students who intend studying in the following fields should apply:
  • Accounting, Auditing & Finance (Corporate & Investment)
  • Information Communications & Technology/Computer Science
  • Investment Management
  • Internal Audit
  • Risk and Compliance Management
  • Actuarial Science and Mathematical Statistics
  • Economics
  • Data Analytics, Research
  • Law
  • Human Resources
Application Criteria:
  • Unemployed Youth, PIC dependents, current PIC Bursary holders and people living with disabilities who are South African citizens under the age of 30
  • Currently in matric or have completed matric
  • Students registered at an accredited institute of Higher Learning in South Africa, at under-graduate level (NQF 6 and 7) for the above-mentioned fields of study (This must be the first qualification)
  • Be in financial need
  • Academic achievement will be considered
Bursary Application Instructions:
  • All compulsory fields (*) must be completed
  • All supporting documents must be certified (certified copies must not be older than 3 months at submission date)
  • The application form must be signed by the applicant and Parent/Guardian in the case of minors
  • Incomplete application forms and/or falsified, uncertified, invalid documentation will not be considered
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Supporting Documents Checklist:
  • Completed application form
  • A copy of a valid RSA identity document
  • Proof of disability (medical certificate)
  • Academic transcripts (if currently enrolled at an accredited tertiary institution)
  • Matric Certificate (or Grade 11 and June results if currently in Grade 12)
  • Copy of signed student study loan agreement or contract (if applicable)
  • Preliminary acceptance letter(s) from an accredited tertiary institution
  • Quotation (tuition, books, learning institution accredited accommodation and meals)
  • Proof of monthly household income and dependants. Example of household income:
    • Salary or wage slips if employed or affidavit if unemployed
    • Death certificate if deceased
    • SASSA letter stating grants received if applicable
    • Affidavit stating annual income if self-employed
    • Letter from the court stating child support amount if parents are divorced or affidavit from parent stating the child support amount received if parents are separated

Bursary Terms:

  • The bursary is awarded for the full academic period at a single academic institution
How To Apply:
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  • The bursary application for 2023 is now open.
  • Enquiries: bursaryapplications@pic.gov.za
  • Please remember to include your contact details when making an enquiry as we may need to contact you to resolve your enquiry
When will feedback be given
  • Feedback will only be sent to successful applicants at the end of January 2023.
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[column 12 layout="default" class="text" padding-top="15px"]Impact of the PIC’s Graduate Talent Development Programmes and Support Initiatives

 
Graduate and Bursary Icon  

 

 

 
 
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Ms. Ayanda Bolani  

Ayanda completed her studies with six distinctions out of seven modules. She is currently completing her Bachelor of Commerce Honours in Investment Management at the University of Pretoria. “The PIC awarded me a bursary in 2017, whilst I was in my final year of studying towards a Bachelor of Commerce in Investment Management. I felt extremely blessed to receive a bursary that covered my tuition in full. This allowed me to focus all my energies on studying and less on the financial burdens that come with studying, resulting in me attaining multiple distinctions. I received nominations from Allan Gray and for the 2018 Russell Loubser Merit award for outstanding academic achievement. Being the youngest employee at the PIC can at times be intimidating, however, I have chosen to accept the challenge and recognize the wealth of experience surrounding me. Being selected for the program only affirms my efforts and encourages me to improve and build a skill set while adding value to the Listed Investment: Fixed Income division I have been assigned to. I am grateful for the opportunity to learn and develop myself as well as add value as I navigate my journey as a professional.”[/panel] 
 
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Mr. Edwin Mahanci  

Edwin completed his Bachelor of Computer Science degree, through the University of Venda. He intends to pursue postgraduate studies, with a strong focus on Financial Engineering, to widen his knowledge of Asset and Investment Management. “I was a PIC bursary holder in the year 2017, pursuing a qualification in Computer Science at the University of Venda, Limpopo. The PIC bursary enabled me to focus on and complete my studies without worrying about how I would make ends meet. As a PIC bursary recipient, I had a rare opportunity of participating in the PIC Vacation Work programme during January 2018 and also had a mentor assigned to me and a team that supported me. During the vacation work period, I was exposed to the workings of the investment industry. Moreover, this exposure gave me an opportunity to showcase my computer programming skills and it is there that the PIC saw potential in me. After completing my studies, I joined the PICeed Graduate Programme within the PIC Research and Projects Development division. The PIC bursary programme has not only changed my life but also enabled me to change life for my family. I am eternally grateful to the PIC for affording me the bursary.
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